Epstein Secrets

eby agree as follows: 1. Defined Terms. As used in this Agreement, the following terms shall have the following respective meanings: "Act" means the New York Limited Liability Company Act, as the same may be amended from time to time. "Additional Profit Participation" means the sum of (i) all initial capital contributions made by th

s A Members and Class A Assignees. "Transfer" means sell, assign, pledge, grant a security interest in, grant an option to or otherwise transfer. "Unreturned Capital" as of any date and as to any Class A Member or Class A Assginee, means an amount (but not less than zero) equal to the excess of (i) the aggregate

mber" and, collectively, the "Members"). 1. Formation. The Company has been formed as a New York limited liability company under and pursuant to the New York Limited Liability Company Act (as the same may be amended from time to time, the "Act"). 2. Purposes. The purpose and business of the Company is to acquire, hold, renovate, ma

transfer made in accordance with the terms of Section 9 hereof shall acquire and succeed to the corresponding proportionate part of the transferor's Unreturned Capital as of the date of transfer. Assignees (as defined in Section 6(e)) shall be treated as though they were Members for purposes of making distribution

mber" and, collectively, the "Members"). 1. Formation. The Company has been formed as a New York limited liability company under and pursuant to the New York Limited Liability Company Act (as the same may be amended from time to time, the "Act"). 2. Purposes. The purpose and business of the Company is to acquire, hold, renovate, ma

transfer made in accordance with the terms of Section 9 hereof shall acquire and succeed to the corresponding proportionate part of the transferor's Unreturned Capital as of the date of transfer. Assignees (as defined in Section 6(e)) shall be treated as though they were Members for purposes of making distribution